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China plans to support prices of key grains to raise farmers' grain-growing income
According to the website of the Legislative Affairs Office of the State Council, the National Development and Reform Commission recently revised and improved the "Grain Law (Draft for Review)" that was publicly solicited for comments in February 2012, and is now publicly soliciting comments on the revised "Grain Law (Draft for Review)". The draft
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On November 25, 2014, the "National Agricultural Products Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on November 25 the National Agricultural Products Wholesale Price Index was 197.28, up 0.47 points from yesterday, among which the "Vegetable Basket" Products Wholesale Price Index was 197.41, up 0.48 points from yesterday. As of 14:00 today, the national agricultural products wholesale market pig
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2014 Northeast China corn temporary purchase and storage price announced
The National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance, and the Agricultural Development Bank of China jointly issued the "Notice on Issues Concerning the National Temporary Storage and Purchase of Corn in Northeast China in 2014." The notice states that in 2014 the state will continue to implement the temporary corn purchase and storage policy in the three northeastern provinces and Inner Mongolia.
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Food security faces four major challenges, how should we respond?
First, the "inversion" of domestic and international grain prices, with domestic grain prices much higher than the international market, not only in important grains and legumes such as rice, wheat and soybeans, but also in cotton and dairy products. Without price competitiveness, it poses a relatively large threat to the security of the agricultural industry and to the growth of farmers' incomes.
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Vegetable Supply Increases in October, Prices Fall Year-on-Year
According to monitoring by the Ministry of Agriculture's Vegetable Production Information Network, vegetable supply in October increased both year-on-year and month-on-month. Farm-gate wholesale prices of vegetables fell year-on-year but rose month-on-month. November marks the beginning of the off-season for vegetable production, and vegetable supply is expected to remain basically stable, with prices rising steadily. In October, vegetable
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The target price reform for agricultural products is suitable for non-staple grain varieties
Our country's food security implements the strategy of "taking self-reliance as the main approach, basing itself on domestic production, ensuring production capacity, moderate imports, and technological support," firmly keeping the rice bowl in our own hands. This year's No. 1 document of the Party Central Committee proposed the target price system for agricultural products, and through price mechanism reform, rationalizing
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How to respond to falling Chinese cabbage prices? Ordinary cabbage prices down 40% year-on-year
Editor's note: As the saying goes: turnips at the Start of Winter, cabbage at Light Snow. Right now, many areas in northern China are successively entering the peak marketing period for Chinese cabbage. Compared with last year, Chinese cabbage prices have fallen in many places this year, with declines in some areas approaching 40%. What are the reasons causing
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Wheat prices are still bottoming out, and traders are eager to unload their inventories
Affected by sluggish demand for food wheat, the disappearance of feed demand, large-scale auction sales of state-reserved wheat, and the rotation and release of local reserves of wheat from warehouses, domestic wheat futures and spot prices have continued to decline since October. Traders are eager to unload their wheat inventories, and in some regions there are phenomena of competing price cuts to sell
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Soybean Meal Prices Fall, Profits Slip, China's Soybean Imports Slow
Since the start of last week, soybean meal prices in Dalian, China have fallen 6.7%. This has pushed crushing margins into negative territory, ending the largely profitable pattern seen since early September. Soybean meal prices could be very weak early next year, and the pace of China's soybean imports will slow. Soybean meal prices fall
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National Agricultural Wholesale Price Index rises and falls on November 27, 2014
According to monitoring by the Ministry of Agriculture, on November 27 the National Agricultural Wholesale Price Index was 198.10, up 0.90 points from yesterday, among which the "Vegetable Basket" Product Wholesale Price Index was 198.47, up 0.97 points from yesterday. As of 14:00 today, in national agricultural wholesale markets, pig
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